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20130113
20130121
Search Results 0 to 3 of about 4 (some duplicates have been removed)
property tax reduction would provide the most benefit to property owners who have owned their properties since 1999. some of the residents and owners who have owned their building for 20 or 30 years, they already pay low property tax so the bills act calculations would not help them. it would not reduce their property taxes anymore. if you just purchase property and it's a contributor to the district you would have high property taxes. the only people who can apply for the mills act property tax reductions are owners of properties of individual landmarks or owners of properties contributors to landmark districts as well as registered landmark districts. so designation of the duboce park landmark district would enable property owners to apply for the mills acted. it's not a dollar for dollar reduction. the mills act is a maintenance restoration or rehabilitation plan. it's a contract that the city enters into with the property owners, department reviews it, the city tax assessor reviews it and ensures the calculations are correct but it's not a dollar per dollar duction. if you were a new
it for property owners to take advantage of the property tax savings. the commission commended the new property owners to their commitment to fully restore the nightingale house. much of the property tax savings will go into the full restoration of the property. the commission did#clunanimoy approve the project and afforded a positive recommendation to the board of supervisors, with a couple of caveats or conditions to continue working with staff on a few minor details of the contract, mainly the phasing of the restoration to make sure that staff has the most updated information about when work will occur, and when staff needs to go out there to review the completion of that work, according to the state mandated requirements of the program. that conclude my presentation. and unless you have any comments. thank you. >> president fong: thank you. commissioner sugaya. >> commissioner sugaya: mr. frye, in terms of the mill's act in general, i know that under supervisor wiener's revisions there is now a yearly kind of process, as i understand it. and the initial deadline for let's say 2013 is may
Search Results 0 to 3 of about 4 (some duplicates have been removed)